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While it's easy to attribute malicious intentions, open market "sell" trade seems to be pretty common at Equifax: http://www.nasdaq.com/symbol/efx/insider-trad
by thisisit 9y ago
While it's easy to attribute malicious intentions, open market "sell" trade seems to be pretty common at Equifax:
http://www.nasdaq.com/symbol/efx/insider-trades?sortname=transtype&sorttype=1 http://www.nasdaq.com/symbol/efx/insider-trades?sortname=tra...
It is surprising considering executives normally set up automatic sells, like in the Bezos case discussed yesterday:
https://news.ycombinator.com/item?id=15623102 https://news.ycombinator.com/item?id=15623102
So, it remains to be seen what actually happened here.
- ellius 9y agoThe initial reporting I saw on this indicated they sold something like 5% of their total stock in the company, which seems like kind of a small amount to risk insider trading charges over.